IKD Co Ltd Class A

IKD has released the draft of its seventh restricted stock incentive plan, proposing to grant 16.19 million restricted shares to 753 incentive recipients, representing approximately 1.57% of the company's total share capital of 1.03 billion shares as of June 30, 2026. The initial grant portion is 12.95 million shares, accounting for 80.00% of the total plan, while the reserved portion is 3.24 million shares, accounting for 20.00% of the total plan. The grant price is 6.97 yuan per share, and the incentive recipients include company directors, senior management, and core position personnel. In the first quarter of 2026, IKD achieved revenue of 1.922 billion yuan and net profit attributable to the parent company of 219 million yuan.

IKD disclosed its 2026 semi-annual report on the evening of August 27. In the first half, it achieved operating revenue of 4.292 billion yuan, up 24.42% year on year, and net profit attributable to shareholders of the listed company of 477 million yuan. Among this, automotive product revenue was 3.246 billion yuan, motor product revenue was 458 million yuan, industrial product revenue was 165 million yuan, and export revenue was 1.993 billion yuan, accounting for 51.51% of main business revenue. During the reporting period, the company obtained new full-lifecycle business of approximately 10.185 billion yuan, of which aluminum alloy business was about 8.8 billion yuan, with structural parts in the embodied intelligence field accounting for about 6%; zinc alloy business was about 419 million yuan, with die-cast housing business for optical module heat sinks accounting for about 6%; and motor core business was about 966 million yuan. Research and development expenses were 213 million yuan, up 25.23% year on year, accounting for 4.96% of operating revenue, with key breakthroughs achieved in multiple processes. Global production capacity layout is being accelerated. The second-phase plant in Mexico has entered the mass production ramp-up stage, and the Malaysia base has obtained green factory certification. The company said that as Chinese automakers localize their overseas operations, overseas orders for lightweight precision die-cast parts are expected to continue expanding, while the embodied intelligence industry opens up new space for medium- and long-term development.